GB Group plc (GBG) Given Average Rating of “Buy” by Analysts

Shares of GB Group plc (LON:GBG) have been given a consensus rating of “Buy” by the six brokerages that are currently covering the company. Six research analysts have rated the stock with a buy rating. The average 12 month target price among brokers that have issued ratings on the stock in the last year is GBX 407.83 ($5.26).

GBG has been the topic of a number of research reports. Peel Hunt raised their target price on shares of GB Group plc from GBX 340 ($4.39) to GBX 467 ($6.03) and gave the stock a “buy” rating in a research report on Wednesday, May 10th. Canaccord Genuity increased their price target on GB Group plc from GBX 370 ($4.78) to GBX 415 ($5.36) and gave the stock a “buy” rating in a report on Wednesday, May 10th. Citigroup Inc increased their price target on GB Group plc from GBX 415 ($5.36) to GBX 455 ($5.87) and gave the stock a “buy” rating in a report on Wednesday, May 10th. Berenberg Bank reissued a “buy” rating and issued a GBX 340 ($4.39) target price on shares of GB Group plc in a report on Thursday, February 9th. Finally, FinnCap lifted their price objective on GB Group plc from GBX 350 ($4.52) to GBX 400 ($5.16) and gave the stock a “buy” rating in a research report on Wednesday, May 10th.

GB Group plc (LON:GBG) traded up 2.12% during midday trading on Monday, hitting GBX 385.00. 351,292 shares of the stock traded hands. GB Group plc has a 52-week low of GBX 205.76 and a 52-week high of GBX 391.75. The firm’s market cap is GBX 495.93 million. The stock has a 50-day moving average of GBX 330.31 and a 200 day moving average of GBX 291.54.

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GB Group plc Company Profile

GB Group plc (GBG) is a global specialist in identity data intelligence. Its segments include Identity Proofing division and Identity Solutions division. The Identity Proofing division provides Identification (ID) Verification, ID Employ and Comply services and ID Fraud and Risk Management Services. It also includes the operations of ID Scan Biometrics Ltd, a provider of software that automates on-boarding of customers and employees by simplifying the identity verification and data capture process.

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